Leesburg Cash-flow|Avg Rent = 1000/mo|ROI 19.3%|Fixer-Upper $59,900 3 bd, 2 ba, 2148 sqft

Leesburg Cash-flow|Avg Rent = 1000/mo|ROI 19.3%|Fixer-Upper

$59,900 3 bd, 2 ba, 2148 sqft

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Contact Gene anytime at 407-781-7312

Property overview, flip opportunities at this price do not come along as often anymore. As a matter of fact only 5 other homes have sold for less than $30ppsf in the entire 34748 zip code in the last 12 months, meanwhile remodeled homes that are not lakefront in this area are selling for $80psf and going under contract in 40 days or less.

Property features include newer intact central A/C system, sitting on 1/3 acre lot, lakefront, a wood burning fireplace, newer windows.

Flip Rehab: 40k-50k
Kitchen and bath updates, new flooring, and carpet, replace the roof, minor mold remediation, build the rear deck, tear down rear porch area, interior and exterior paint, fixtures, cosmetics, and landscaping are recommended.

Property Details

Price:

$59,900

Address:

4409 Winona Ave.

City:

Leesburg

State:

Fl

Zip Code:

34748

Year Built:

1945

Terms:

For Sale

Property Type:

Home

Square Feet:

2148

Bedrooms:

3

Bathrooms:

2

Basement:

none

Const. Type:

Ext Const: Siding

Additional Features

ARV: 159K Ppsf: 27.89 Tax/Yr: 590 Septic/Sewer: Sewer HOA: n/a County: Lake Avg Rent = 1000/mo Gross Rent ROI = 19.3%